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Second-year MBA students have the opportunity to manage the Marriott School’s $1.4 million stock portfolio—and although it’s called the Silver Fund, it mostly sees green.
This is the second of a five-part personal financial planning series sponsored by the Peery Institute of Financial Services. The next installment, addressing property, casualty, and health insurance, will appear in the Summer 2005 issue.
In a recent conversation with President Gordon B. Hinckley, I described a difficult decision I had made at work—one I should have made sooner. “President, I just wish I were smarter,” I confessed.
In an episode of M*A*S*H, Colonel Potter is called to Seoul and leaves Hawkeye in charge. Hawkeye, who instinctively challenges authority, experiences what it’s like to be in charge, and on several occasions, he oversteps his authority. When Potter returns, he sits down with Hawkeye and B.J., who are feuding about B.J. violating one of Hawkeye’s orders. Potter lets the two surgeons go at each other and remains quiet until Hawkeye tries to enlist his support. “Why aren’t you helping me?” Hawkeye asks. “You should be in the middle of this. You’re the commander.”
Inside the Tanner Building they’re professors who teach finance, ethics, marketing, accounting, and a host of other subjects. But, have you ever wondered what these notable professors do in their spare time?
After Patrick Tedjamulia graduated from the Marriott School, he landed a great job at Novell, thanks to an alum who helped get his foot in the door. Unfortunately, not all job hunters are lucky enough to have professional mentors, Tedjamulia says.
While an undergraduate at BYU, Jennifer Magleby-Lambert didn’t just pursue one degree; instead, she graduated with two—a BS in conservation biology and a BA in anthropology. When the opportunity came for an advanced degree, she followed the same pattern, earning both an MA in international development and an MOB from the Marriott School. Her academic ambition reflects the way she approaches all aspects of life.
Whether he’s picking stocks or just choosing where to eat, Jonathan Waite knows how to do it right. The Wall Street Journal named Waite, who earned his BS in accountancy from the Marriott School, the number one restaurant analyst in their 2004 Best on the Street survey.
When Sherman Doll, Jay Wirig, and Steve Leininger graduated from the MAcc program in 1979 and 1980, they never guessed that just a few years later they would be together again as partners in an accounting firm. They attribute their longtime friendship and professional success to their Marriott School training and something they call “The Seven O’Clock Club.”
A student-initiated fundraiser is reaching new heights at the Marriott School. The second annual Corporate Climb, held 26 March 2005, helped raise more than $12,000 for the school’s annual fund. Participants sprinted up stairs and raced around corners—but not because they were late for class.
In finance there’s a well-known problem called the principal-agent conflict. The conflict arises when managers and owners of a firm have different incentives. When that happens, managers may make decisions that benefit themselves at the expense of owners.
This is the third of a five-part personal financial planning series sponsored by the Peery Institute of Financial Services. The next installment, about getting out of debt, will appear in the Fall 2005 issue.
Judith Martin, of Miss Manners newspaper fame, wrote in a recent column, "Question: At what age should children be taught how to eat properly? Answer: In their mid-to late-twenties. Question: What is the best venue for this instruction?
All Martin Egbert wanted was the best treatment for his son. What he found was a unique, nonsurgical method of treating clubfoot—promulgated on the Internet—and an opportunity to share his discovery with others.
For someone trained as a nurse, the choice to pursue an MBA may have seemed atypical. Instead of giving bedside care to hospital patients, Christina Bowen Peterson opted for two more years of school and a slightly different career. However, her medical training proved to be an asset as she entered the workplace and prepared for motherhood.
For a crew of four jokesters, writing their second best-selling book, Crucial Confrontations, came naturally as another part of their series of materials to help people acquire skills needed to communicate effectively. Authors Joseph Grenny, Ron McMillan, Kerry Patterson, and Al Switzler credit their success to years of conducting research, practicing what they preach, and injecting humor into the stuffy world of corporate consultants.
Most MBA graduates put their degrees to use in the boardrooms of the business world. Marriott School alum Hugh McCutcheon, however, took his to the locker room and the arena of international volleyball. The former BYU men’s volleyball assistant coach recently took the job as head coach of the U.S. Olympic Men’s Volleyball Team. He replaces longtime coach Doug Beal, who became CEO of USA Volleyball.
As a child, Jose Montoya worked alongside his family picking grapes in California vineyards. Today this Marriott School alum is president of M2 Group, a fast-growing, Mesa, Arizona-based civil engineering firm. Founded in 1998 by Montoya and Tom Palmer, M2 Group has grown from three employees in one location to more than ninety employees in three locations including Mexico.
Most people are surprised to learn that lawyer and Marriott alumnus Kelly Crabb has written a cowboy musical, produced a documentary, represented Paul McCartney, and won an Olympic gold medal (well, kind of). His most recent surprise is that he has written a guide to being a movie producer. This media-savvy legal counsel never really meant to go into showbiz, it was simply unavoidable.
Somewhere amongst the clouds of his childhood dreams of becoming a private pilot, Mark H. Taylor bumped into the notion of accounting, which brought his feet right back to the ground. But that hasn’t stopped him from rising above the rest to land an academic fellowship at the United States Securities and Exchange Commission.
No one in Beatrice Cortes’ family has ever completed graduate school. So when the California native and Mexican descendent graduates from the Marriott School next year with her MBA, she will be making history. But passing that milestone was only a dream until she received an Extended Reach scholarship. “The scholarship got me into grad school sooner than I could have done on my own,” she says. “I am fortunate to have it and am very appreciative.”
This is the fourth of a five-part personal financial planning series sponsored by the Peery Institute of Financial Services. The final installment, on savings and retirement, will appear in the Winter 2006 issue.
For centuries China has fascinated Westerners, exerting its influence in culture, government, philosophy, and religion across the globe. Although many Americans associate the country with egg rolls and sweet-and-sour chicken, China is shaking off stereotypes and embracing new ideas to increase its worldwide economic strength.
More than eight hundred people crowd BYU’s Joseph Smith Auditorium on a spring afternoon—some anxious, others curious. With the mix of chatter and upbeat music filling the room, a pep rally may seem imminent, but this gathering is a bit more cerebral in nature.